Political Quotes

Bill Bennett: we are talking about a tax credit that is less than 1 percent of the entire economy. But look at what it means to the…

On the recordSeptember 6, 1996
we are talking about a tax credit that is less than 1 percent of the entire economy. But look at what it means to the families with children. Look at what it means to those who will make the decisions themselves--that instead of all the benefits like the Army used to give me in uniforms, barracks, and mess hall privileges, I say, ``Thanks. Just give me the cash and let me decide where I am going to live, what I am going to wear, and what I am going to eat.'' I will make wiser decisions, and the impact on the economy will be better. So this is where it ultimately comes down to, Mr. President. Again, the question: Who is ``we'' when we say we can't afford a cut in tax rates? The ``we'' is the American people, and I believe the American people left to handle the cash rather than the so-called ``benefits'' can make a wiser use of that money than the Government can. I am glad my experience with the Army is over. It was a good experience. But I prefer the freedom I have to have the money and make my own choices, and I think most Americans feel the same way. I yield the floor.
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Bill Bennett

Editor's note · Context

Discussing the impact of tax credits on families and personal financial decision-making.

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